Green Hill Trust Charity No 1184437 Financial Statements For the period ended 5 April 2021 ## **Green Hill Trust (Charity No 1184437) Charity information For the period ended 5 April 2021** ## **Trustees** Andrew Brown (Chairman) David Green (Treasurer) Peter Hamilton Daniel Reilly (Secretary) Gareth Williams ## **Independent Examiner** Philip Mullis FCCA MAAT 225 West Wycombe Road High Wycombe Bucks HP12 3AS ## **Bank** Coutts & Co 440 Strand London WC2R 0QS ## **Principal address** 155 White Hill Chesham Bucks HP5 1AZ **Green Hill Trust (Charity No 1184437) Trustees report For the period ended 5 April 2021** ## **Trusts objects** The CIO was registered on 16 July 2019 and was converted from an unincorporated trust under the same name which was originally formed by Declaration of Trust on 26 January 1981. The principal objectives are the charitable donations for the propagation of the Gospel, relief of poverty, education and other charitable donations for the benefit of the community. ## **Activities and public benefit** The Trustees primarily made donations for the propagation of the Gospel which is a public benefit. ## **Review of main achievements in the period** Received donations which can be used towards repaying the loans obtained to purchase the freehold of Hope Church Chesham and for supporting the ministry at Hope Church. ## **Financial review** There were bank receipts totalling £70,753 (2020: £61,526) which were mainly from donations and gift aid. This money was used to build cash reserves, increase the investment in the accommodation for the pastor and make donations. As a result the net receipts in the year were £39,461 (2020: £10,524). ## **Reserves** At the year end the charity held cash reserves of £49,985 (2020: £10,524) which is considered sufficient due to the minimal outgoings expected in the coming year. ## **Assessment of risks** The Trustees have examined the major risks that the charity faces and confirm that systems have been established so that the necessary steps can be taken to lessen these risks. ## **Signed on behalf of the Trustees** ## **Andrew Brown** Date: 13 April 2021 ## **Independent Examiner’s Report to the Trustees of Green Hill Trust (Charity No 1184437)** I report to the trustees on my examination of the accounts of the Green Hill Trust (the Trust) for the year ended 5 April 2021. ## **Responsibilities and basis of report** As the charity trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act"). I report in respect of my examination of the charities accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination with gives me cause to believe that in any material respect: - accounting records were not kept in respect of the charity as required by section 130 of the Act; or - the accounts do not accord with those records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Philip Mullis FCCA MAAT 225 West Wycombe Road High Wycombe Bucks HP12 3AS Date: 13 April 2021 ## **Green Hill Trust Receipts and Payments Accounts For the period ended 5 April 2021** |**Receipts**
Donations received
Gift Aid
Loan repayment
Investment income
Ground rent income
Transfer from unincorporated charity
Total receipts
**Payments**
Donations paid
Loan repayment
Investment in fixed assets
Total payments
**Net of receipts/(payments)**
Cash funds at the start of the year
Cash funds at the end of the year|**Total**
**Total**
**funds**
**funds**
**2021**
**2020**
**£**
**£**
**58,500**
**36,000**
**8,750**
**10,250**
**901**
**2,703**
**2,028**
**421**
**574**
**488**
**-**
**11,664**
**70,753**
**61,526**
**(10,750)**
**(5,000)**
**-**
**(45,000)**
**(20,542)**
**(1,002)**
**(31,292)**
**(51,002)**
**39,461**
**10,524**
**10,524**
**-**
**49,985**
**10,524**| |---|---| ## **Green Hill Trust Statement of assets and Liabilities As at 5 April 2021** |Fixed Assets
Debtors
Cash in bank
Creditors: loans
Net assets|**2021**
**£**
**359,957**
**-**
**49,985**
**(170,000)**
**239,942**|**2020**
**£**
**307,119**
**32,979**
**10,524**
**(170,000)**| |---|---|---| |||**180,622**| **Green Hill Trust Notes to the accounts For the period ended 5 April 2021** ## **1 Accounting policies** These accounts have been prepared on an receipts and payments basis. Receipts are brought into account when cash is received. Likewise, payments, including grants, are accounted for at the time payment is made inclusive of VAT, which is not recoverable. The basis of preparation is permitted to charities with an income of less than £250,000 and which are not companies, under Section 133 of the Charities Act 2011. The income and expenditure relates to unrestricted funds in the current period. The charity is a registered charity within the definitions of section 506(1) Income and Corporation Taxes Act 1988 and is therefore able to take advantage of the exemptions given by section 505 of the Act. ## **2 Trustees** The trustees received no remuneration or other benefits either directly or through related parties. ## **3 Secured debts and guarantees** There are no guarantees given by the charity in the period. There are no liabilities outstanding at the peiod end which are secured over the charity's assets.